βββ οΈ Music Piracy is Down More than 50% since 2013
Due to investments by DiMAβs members in creating licensed digital music services, consumers are able to legally access creative works with more ease than ever before.
Back in 2013, shortly after #Spotifyβs launch in the US, music P2P penetration stood at 9.8 percent. At the end of 2017 streaming music revenues were four times larger than in 2013, while P2P penetration was less than half of its 2013 rate. Quite simply, streaming is taking away most of the incentive for piracy, pushing piracy to the margins.
π @PerspectiveIX
βοΈ prs.pctvix.co/2M8AAOb
Due to investments by DiMAβs members in creating licensed digital music services, consumers are able to legally access creative works with more ease than ever before.
Back in 2013, shortly after #Spotifyβs launch in the US, music P2P penetration stood at 9.8 percent. At the end of 2017 streaming music revenues were four times larger than in 2013, while P2P penetration was less than half of its 2013 rate. Quite simply, streaming is taking away most of the incentive for piracy, pushing piracy to the margins.
π @PerspectiveIX
βοΈ prs.pctvix.co/2M8AAOb
π° #iXDailyBrief
STAT
β‘οΈ 72 percent of respondents to a recent Pew Research survey believe social media companies actively censor political views that disagree with their own. (Source: Pew Research Center)
INSIGHT
πΌ Learn to Become - Find Your Career: prs.pctvix.co/2tQ63x3
OTHER NEWS
π€¬ Some #Samsung users say their phones randomly sent photos to contacts: t.me/iXNews/28698
π€ A Buddhist temple in Beijing built a robotic monk to spread the word: t.me/iXNews/28703
βοΈ #Instagramβs Do Not Disturb and βCaught Upβ deter overgramming: t.me/iXNews/28654
π Facebook is shutting down Hello, Moves and the anonymous teen app tbh due to βlow usageβ: t.me/iXNews/28690
π€« Federal investigators want to know if #Facebook lied about #CambridgeAnalytica: t.me/iXNews/28688
π§ #Spotify is testing a data-friendly βLiteβ app for Android: t.me/iXNews/28651
β
EXTRA
π #Instagram Creators Handbook - #IGTV (PDF): prs.pctvix.co/2MGEehC
β
β What do you like about our channel? What don't you like? What do you want us to share? Join the discussion group: t.me/joinchat/ACtN6EJ2YNbLsZyziZzNEA
Have a great week!
Ben, @iXNews
STAT
β‘οΈ 72 percent of respondents to a recent Pew Research survey believe social media companies actively censor political views that disagree with their own. (Source: Pew Research Center)
INSIGHT
πΌ Learn to Become - Find Your Career: prs.pctvix.co/2tQ63x3
OTHER NEWS
π€¬ Some #Samsung users say their phones randomly sent photos to contacts: t.me/iXNews/28698
π€ A Buddhist temple in Beijing built a robotic monk to spread the word: t.me/iXNews/28703
βοΈ #Instagramβs Do Not Disturb and βCaught Upβ deter overgramming: t.me/iXNews/28654
π Facebook is shutting down Hello, Moves and the anonymous teen app tbh due to βlow usageβ: t.me/iXNews/28690
π€« Federal investigators want to know if #Facebook lied about #CambridgeAnalytica: t.me/iXNews/28688
π§ #Spotify is testing a data-friendly βLiteβ app for Android: t.me/iXNews/28651
β
EXTRA
π #Instagram Creators Handbook - #IGTV (PDF): prs.pctvix.co/2MGEehC
β
β What do you like about our channel? What don't you like? What do you want us to share? Join the discussion group: t.me/joinchat/ACtN6EJ2YNbLsZyziZzNEA
Have a great week!
Ben, @iXNews
ββπ° #iXDailyBrief
STAT
β‘οΈ Only about 2% of the people with devices that use Amazonβs Alexa intelligent assistant β mostly Amazonβs own Echo line of speakers β have made a purchase with their voices so far in 2018 (Source: The Information)
More on this later on today's #BigThought
INSIGHT
πΌ The definitive timeline of #Spotifyβs critic-defying journey to rule music: prs.pctvix.co/2KE3H9Q
OTHER NEWS
π₯§ #Android 9 Pie is available for Google Pixel phones, but some key features wonβt ship until the fall: t.me/iXNews/30913
π©ββοΈ #Google plans to roll out digital wellness features in Pie but #Appleβs already got βem: t.me/iXNews/30933
π Indiaβs Uber rival Ola is headed Europe with ride-hailing launch in the UK: t.me/iXNews/30952
π³ #Facebook wants financial data from Americaβs largest banks: t.me/iXNews/30919 (but they're denying it: prs.pctvix.co/2KzFxNG)
β
Got a question? Feedback? Suggestion? Get in touch: @iXContactBot
β Have you tried iX Alien Snapchat lens?
Ben, @iXNews
STAT
β‘οΈ Only about 2% of the people with devices that use Amazonβs Alexa intelligent assistant β mostly Amazonβs own Echo line of speakers β have made a purchase with their voices so far in 2018 (Source: The Information)
More on this later on today's #BigThought
INSIGHT
πΌ The definitive timeline of #Spotifyβs critic-defying journey to rule music: prs.pctvix.co/2KE3H9Q
OTHER NEWS
π₯§ #Android 9 Pie is available for Google Pixel phones, but some key features wonβt ship until the fall: t.me/iXNews/30913
π©ββοΈ #Google plans to roll out digital wellness features in Pie but #Appleβs already got βem: t.me/iXNews/30933
π Indiaβs Uber rival Ola is headed Europe with ride-hailing launch in the UK: t.me/iXNews/30952
π³ #Facebook wants financial data from Americaβs largest banks: t.me/iXNews/30919 (but they're denying it: prs.pctvix.co/2KzFxNG)
β
Got a question? Feedback? Suggestion? Get in touch: @iXContactBot
β Have you tried iX Alien Snapchat lens?
Ben, @iXNews
ββπΆ Music in the Day in the Life of a Music Lover
A breakdown of Music Lovers activity based on streaming music service and screen reveals:
- On smartphones, #Google Play Music, #AppleMusic, #Pandora Radio, and #Spotify are the most popular streaming music services.
- On PCs, Spotify, Zune, #iTunes, and Pandora Radio are the most popular streaming music services.
π @PerspectiveIX
π via VertoAnalytics: prs.pctvix.co/2OxkPk9
A breakdown of Music Lovers activity based on streaming music service and screen reveals:
- On smartphones, #Google Play Music, #AppleMusic, #Pandora Radio, and #Spotify are the most popular streaming music services.
- On PCs, Spotify, Zune, #iTunes, and Pandora Radio are the most popular streaming music services.
π @PerspectiveIX
π via VertoAnalytics: prs.pctvix.co/2OxkPk9
ββπΆ Spotify vs. Apple Music
Which Streaming Music Service do Music Lovers Love?
Stickiness is how Verto measures a given app or websiteβs audience engagement; the higher the stickiness rating (as a percentage), the more engaging (or stickier) a streaming music service is, indicating which services Music Lovers listen to on a regular (even daily) basis.
The stickiest streaming music services among Music Lovers are, unsurprisingly, also some of the most popular among the general population.
- #Spotify (49% stickiness rating)
- #Pandora Radio (38% stickiness rating)
- TuneIn Radio (31% stickiness rating)
π @PerspectiveIX via VertoAnalytics.
β What's your favourite music streaming service?
Which Streaming Music Service do Music Lovers Love?
Stickiness is how Verto measures a given app or websiteβs audience engagement; the higher the stickiness rating (as a percentage), the more engaging (or stickier) a streaming music service is, indicating which services Music Lovers listen to on a regular (even daily) basis.
The stickiest streaming music services among Music Lovers are, unsurprisingly, also some of the most popular among the general population.
- #Spotify (49% stickiness rating)
- #Pandora Radio (38% stickiness rating)
- TuneIn Radio (31% stickiness rating)
π @PerspectiveIX via VertoAnalytics.
β What's your favourite music streaming service?
ββπΆ Music Industry Streaming Revenues
Revenues from streaming #Music grew 28% YoY to $3.4 billion for the first half of 2018.
This broad category includes revenues from subscription services (such as paid versions of #Spotify, #AppleMusic, #Amazon, #TIDAL, and others), digital and customized radio services (like #Pandora, #SiriusXM, and other Internet radio), and ad-supported on-demand streaming services (such as #YouTube, #Vevo, and ad-supported Spotify). The overwhelming majority of the industryβs revenue growth during the period came from streaming music.
Paid subscriptions have become the biggest format for music by revenue. Year-over-year growth of 33% brought total subscription revenues to $2.5 billion. So ΒΎ of recording industry revenue came from streaming, and ΒΎ of that from paid subscriptions. Despite far few users, subscription streaming vastly out performed ad-supported revenues.
π @PerspectiveIX via RIAA (PDF).
β Which one do you prefer?
Revenues from streaming #Music grew 28% YoY to $3.4 billion for the first half of 2018.
This broad category includes revenues from subscription services (such as paid versions of #Spotify, #AppleMusic, #Amazon, #TIDAL, and others), digital and customized radio services (like #Pandora, #SiriusXM, and other Internet radio), and ad-supported on-demand streaming services (such as #YouTube, #Vevo, and ad-supported Spotify). The overwhelming majority of the industryβs revenue growth during the period came from streaming music.
Paid subscriptions have become the biggest format for music by revenue. Year-over-year growth of 33% brought total subscription revenues to $2.5 billion. So ΒΎ of recording industry revenue came from streaming, and ΒΎ of that from paid subscriptions. Despite far few users, subscription streaming vastly out performed ad-supported revenues.
π @PerspectiveIX via RIAA (PDF).
β Which one do you prefer?
ββπ§ Which Music Streaming Services?
According to Verto Analytics, so-called Music Lovers, the top 20% of all US πΊπΈ adults (ages 18+), based on the amount of time they spend per month online with #music brands and content, love Spotify.
#Spotify has a 48% reach among Music Lovers, who engage in an average of 124 sessions per month with the brand.
#Pandora Radio (recently acquired by SiriusXM for $3.5 billion) comes in second, with a 43.5% reach. Music Lovers rack up an average of 81 sessions per month engaging with Pandora Radio.
#Apple's iTunes comes in third with a 42% reach, and an average of 35 sessions per month.
π @PerspectiveIX via VertoAnalytics.
According to Verto Analytics, so-called Music Lovers, the top 20% of all US πΊπΈ adults (ages 18+), based on the amount of time they spend per month online with #music brands and content, love Spotify.
#Spotify has a 48% reach among Music Lovers, who engage in an average of 124 sessions per month with the brand.
#Pandora Radio (recently acquired by SiriusXM for $3.5 billion) comes in second, with a 43.5% reach. Music Lovers rack up an average of 81 sessions per month engaging with Pandora Radio.
#Apple's iTunes comes in third with a 42% reach, and an average of 35 sessions per month.
π @PerspectiveIX via VertoAnalytics.
π΅ Streaming Dominates Music Industry Revenue
The #music industry is generating the lion share of its revenue from streaming. A recent Recording Industry Association of America report found that three quarters of all revenue in the industry comes from streaming services like #Spotify. Last year RIAA reported that only 65 percent of revenue came from streaming, pointing to how prevalent and essential streaming has become to making money in music.
Overall revenue from streaming music grew by 30 percent year-over-year, hitting a total of $7.4 billion for 2018. While the growth seems to be ramping up, the industry is rebounding from a low. This year is the first time the industry is even nearing what its total revenue was over a decade ago. The major reasons for the slump in recent years has been the digitization of music circulated on the internet.
π @PerspectiveIX via Statista.
β Do you stream music?
The #music industry is generating the lion share of its revenue from streaming. A recent Recording Industry Association of America report found that three quarters of all revenue in the industry comes from streaming services like #Spotify. Last year RIAA reported that only 65 percent of revenue came from streaming, pointing to how prevalent and essential streaming has become to making money in music.
Overall revenue from streaming music grew by 30 percent year-over-year, hitting a total of $7.4 billion for 2018. While the growth seems to be ramping up, the industry is rebounding from a low. This year is the first time the industry is even nearing what its total revenue was over a decade ago. The major reasons for the slump in recent years has been the digitization of music circulated on the internet.
π @PerspectiveIX via Statista.
β Do you stream music?
π§ Spotify Growth
The number of #Spotify users - both Premium and total.
Live Chart by π @PerspectiveIX
The number of #Spotify users - both Premium and total.
Live Chart by π @PerspectiveIX
ββπ° Libra: Facebook confirms its cryptocurrency launching in 2020
#Libra is designed not to be a speculative asset, like #Bitcoin, but a form of digital money backed by a reserve of assets.
The company has formed the nonprofit Libra Association with 27 other partners to oversee Libra and its development. The partnership includes venture capital firms, nonprofit organizations, #cryptocurrency firms, and massive corporate financial, telecommunications, and technology service providers, including #Coinbase, #Mastercard, #Visa, #eBay, #PayPal, #Stripe, #Spotify, #Uber, #Lyft, and #Vodafone.
While the Libra Association will have members based globally, it will be headquartered in Geneva, Switzerlandπ¨π
Facebook has a business incentive to build on top of the Libra #blockchain, and itβs launching its own subsidiary to do just that called #Calibra (see the GIF below - Credit: Facebook). According to Kevin Weil, Facebook's VP of Product, Calibra will live inside of Facebook Messenger and WhatsApp at launch, but will also have a standalone iOS and Android app.
π Read more the Verge.
π @PerspectiveIX
#Libra is designed not to be a speculative asset, like #Bitcoin, but a form of digital money backed by a reserve of assets.
The company has formed the nonprofit Libra Association with 27 other partners to oversee Libra and its development. The partnership includes venture capital firms, nonprofit organizations, #cryptocurrency firms, and massive corporate financial, telecommunications, and technology service providers, including #Coinbase, #Mastercard, #Visa, #eBay, #PayPal, #Stripe, #Spotify, #Uber, #Lyft, and #Vodafone.
While the Libra Association will have members based globally, it will be headquartered in Geneva, Switzerlandπ¨π
Facebook has a business incentive to build on top of the Libra #blockchain, and itβs launching its own subsidiary to do just that called #Calibra (see the GIF below - Credit: Facebook). According to Kevin Weil, Facebook's VP of Product, Calibra will live inside of Facebook Messenger and WhatsApp at launch, but will also have a standalone iOS and Android app.
π Read more the Verge.
π @PerspectiveIX
β€οΈ Ranking of Brand Intimacy During the Coronavirus Pandemic
#Spotify, the audio streaming app with 73 million users in North America, was ranked No. 1 in a study of #brand intimacy as apps strengthened their emotional bonds with consumers during the COVID-19 pandemic. #Pinterest and #AppleMusic came in second and third place.
π³ Related Poll.
#Facebook #Instagram #Pandora #Snapchat #Twitter #Airbnb #Uber
π¦ @perspectiveix via Pulse.
#Spotify, the audio streaming app with 73 million users in North America, was ranked No. 1 in a study of #brand intimacy as apps strengthened their emotional bonds with consumers during the COVID-19 pandemic. #Pinterest and #AppleMusic came in second and third place.
π³ Related Poll.
#Facebook #Instagram #Pandora #Snapchat #Twitter #Airbnb #Uber
π¦ @perspectiveix via Pulse.
ββπ Worldβs 10 Most Valuable Brands in 2020
For the eighth year running, #Apple is at the top of the list of most valuable brands in the world, keeping its lead over top companies like #Amazon, #Microsoft and #Google, according to Interbrandβs latest annual rankings. Although there has been some shifting around in positions, all of the brands in the top 10 last year remained there this year.
Of the 43% of brands that benefited from a lift in value this year, #Amazon (60%) and #Microsoft (53%) were the fastest risers. #Spotify also had a significant increase, up 52% to $8.4 billion (#70).
Other fast-risers this year include:
- #Netflix: +41% to $12.7 billion (#41);
- #Adobe: +41% to $18.2 billion (#27);
- #PayPal: +38% to $10.5 billion (#60);
- #Apple: +38% to $323 billion (#1); and
- #Salesforce: +34% to $10.8 billion (#58).
This year, five brands dropped off the top 100 list, making room for five new entrants. One of those new entrants is #Instagram, which makes its debut to the list at #19 with a brand value of $26.1 billion. #YouTube (#30) joins Instagram on the list of new entrants with a brand value of $17.3 billion. Both of these brands are also favorites among social media marketers.
The remaining three new entrants are:
- #Tesla (#40; $12.8 billion);
- #JohnnieWalker (#98; $4.6 billion); and
- #Zoom (#100; $4.5 billion)
Download the full report here.
π¦ @perspectiveix
For the eighth year running, #Apple is at the top of the list of most valuable brands in the world, keeping its lead over top companies like #Amazon, #Microsoft and #Google, according to Interbrandβs latest annual rankings. Although there has been some shifting around in positions, all of the brands in the top 10 last year remained there this year.
Of the 43% of brands that benefited from a lift in value this year, #Amazon (60%) and #Microsoft (53%) were the fastest risers. #Spotify also had a significant increase, up 52% to $8.4 billion (#70).
Other fast-risers this year include:
- #Netflix: +41% to $12.7 billion (#41);
- #Adobe: +41% to $18.2 billion (#27);
- #PayPal: +38% to $10.5 billion (#60);
- #Apple: +38% to $323 billion (#1); and
- #Salesforce: +34% to $10.8 billion (#58).
This year, five brands dropped off the top 100 list, making room for five new entrants. One of those new entrants is #Instagram, which makes its debut to the list at #19 with a brand value of $26.1 billion. #YouTube (#30) joins Instagram on the list of new entrants with a brand value of $17.3 billion. Both of these brands are also favorites among social media marketers.
The remaining three new entrants are:
- #Tesla (#40; $12.8 billion);
- #JohnnieWalker (#98; $4.6 billion); and
- #Zoom (#100; $4.5 billion)
Download the full report here.
π¦ @perspectiveix